provisional direct tax

Net direct tax collections for FY 2022-23 exceed budget estimate by nearly 17%

Net direct tax collections for FY 2022-23 exceed budget estimate by nearly 17%

NEW DELHI: The provisional figures of direct tax collections for the financial year (FY) 2022-23 show that net collections exceeded the Union Budget estimates by Rs 2.41 lakh crore i.e. by 16.97%, according to a statement released by the finance ministry on Monday.The net collections for 2022-23 stand at Rs 16.61 lakh crore, compared to Rs 14.12 lakh crore in the preceding financial year -- representing...

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